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A Quick Look at Today's Ratings for Nevro(NVRO.US), With a Forecast Between $7 to $7

Futu News ·  Nov 13 21:00  · Ratings

On Nov 13, major Wall Street analysts update their ratings for $Nevro (NVRO.US)$, with price targets ranging from $7 to $7.

Mizuho Securities analyst Anthony Petrone maintains with a hold rating.

Oppenheimer analyst Suraj Kalia maintains with a hold rating.

Truist Financial analyst Richard Newitter maintains with a hold rating, and adjusts the target price from $5.5 to $7.

JMP Securities analyst David Turkaly maintains with a hold rating.

Furthermore, according to the comprehensive report, the opinions of $Nevro (NVRO.US)$'s main analysts recently are as follows:

  • The company continues to be viewed as a 'show-me story' due to the ongoing business transformation. Despite third quarter revenue and EBITDA surpassing previous forecasts, revenues still remain below fiscal year 23 levels, indicating that evidence of the company's stabilization or accelerated growth trajectory has yet to be seen.

Here are the latest investment ratings and price targets for $Nevro (NVRO.US)$ from 4 analysts:

StockTodayLatestRating_nn_210503_20241113_en

Note:

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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

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